Daniel Monte, president of The Rose Hill Group of WNY LTD (RHG), has arranged $3.2 million in permanent financing for DealMaker Honda, a newly built auto dealership located on Maple Rd. The financing was through a correspondent life insurance company.The 16,352 s/f development is fully occupied. Crissey Architectural Group served as architect. The borrower was undisclosed.
Brooklyn, NY Ridge Street Capital has funded a $2,117,500 DSCR purchase loan on a four-unit brownstone at 535 Washington Ave. in Clinton Hill. The loan closed October 15.